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Karachi, March 07, 2013 (PPI-OT): In accordance with the Listing Regulation number (xx) of 35 under Code of Corporate Governance, this is to inform that Arif Habib Corporation Limited (AHCL) has entered into 4 (Four) separate Share Purchase Agreements (SPAs) on 7th March 2013 for sale of 9,033,750 shares of Thatta Cement Company Limited (THCCL) at a price of Rs. 24.164 per share with the “buyers” as per following details:
| Sr. | Buyers | Number of shares |
| No. | to be sold | |
| 1. | Sky Pak Holding (Private) Limited | 3,366,309 |
| 2. | A1-Miftah Holding (Private) Limited | 3,366,309 |
| 3. | Rising Star Holding (Private) Limited | 1,040,629 |
| 4. | Golden Globe Holding (Private) Limited | 1,260,503 |
| Total | 9,033,750 |
The above transaction is subject to all necessary regulatory approvals.
Further, please find enclosed herewith disclosure Form in terms of section 15D of the Securities and Exchange Ordinance, 1969 regarding the aforementioned transaction.
Disclosure Form
In Terms of Section 15D of the Securities and Exchange Ordinance 1969
Name of Company : Arif Habib Corporation Limited
Date of Report : 7th March 2013
Name of Company as specified in the Memorandum : Arif Habib Corporation Limited
Company’s Registered Office : Arif Habib Center, 23, M.T. Khan Road,
Karachi-74000, Sindh
Contact Information : Tel: 32460717-19
Fax: (021) 32429653, 3268117
Disclosure of Inside Information by Listed Company in terms of Section 15D (1)
This is to inform that Arif Habib Corporation Limited (AHCL) has entered into 4 (Four) separate Share Purchase Agreements (SPAs) on 7th March 2013 for sale of 9,033,750 shares of Thatta Cement Company Limited (THCCL) at a price of Rs. 24.164 per share with the “buyers” as per following details:
| Sr. | Buyers | Number of shares |
| No. | to be sold | |
| 1. | Sky Pak Holding (Private) Limited | 3,366,309 |
| 2. | A1-Miftah Holding (Private) Limited | 3,366,309 |
| 3. | Rising Star Holding (Private) Limited | 1,040,629 |
| 4. | Golden Globe Holding (Private) Limited | 1,260,503 |
| Total | 9,033,750 |
The above transaction is subject to all necessary regulatory approvals.
Signature
Pursuant to the requirements of the Securities and Exchange Ordinance, 1969 (XVII of 1969), the Company has duly caused this form/statement to be signed on its behalf by the undersigned hereunto duly authorized.
Material Information
In accordance with the Listing Regulation number (xx) of 35 under Code of Corporate Governance, this is to inform that Sky Pak Holding (Private) Limited (buyer) has entered into a share purchase agreement on 7th March 2013 with Arif Habib Corporation Limited (AHCL), Arif Habib Limited (AHL), Arif Habib Equity (Private) Limited (AHEPL) and Mr. Arif Habib the (sellers) for purchase of 22,644,335 shares of Thatta Cement Company Limited (THCCL) at a price of Rs. 24.164 per share as per following details:
| Sr. | Sellers | Number of Shares | Consideration |
| No. | to be purchased | in PKR | |
| 1. | Arif Habib Corporation Limited | 3,366,309 | 81,343,501 |
| 2. | Arif Habib Limited | 675,405 | 16,320,484 |
| 3. | Arif Habib Equity (Private) Limited | 18,579,331 | 448,950,951 |
| 4. | Mr. Arif Habib | 23,290 | 562,775 |
The above transaction is subject to all necessary regulatory approvals.
Material Information
In accordance with the Listing Regulation number (xx) of 35 under Code of Corporate Governance, this is to inform that Al-Miftah Holding (Private) Limited (buyer) has entered into a share purchase agreement on 7th March 2013 with Arif Habib Corporation Limited (AHCL), Arif Habib Limited (AHL), Arif Habib Equity (Private) Limited (AHEPL) and Mr. Arif Habib the (seller) for purchase of 22,644,335 shares of Thatta Cement Company Limited (THCCL) at a price of Rs. 24.164 per share as per following details:
| Sr. | Sellers | Number of Shares | Consideration |
| No. | to be purchased | in PKR | |
| 1. | Arif Habib Corporation Limited | 3,366,309 | 81,343,501 |
| 2. | Arif Habib Limited | 675,405 | 16,320,484 |
| 3. | Arif Habib Equity (Private) Limited | 18,579,331 | 448,950,951 |
| 4. | Mr. Arif Habib | 23,290 | 562,775 |
The above transaction will be subject to all necessary regulatory approvals.
Material Information
In accordance with the Listing Regulation number (xx) of 35 under Code of Corporate Governance, this is to inform that Rising Star Holding (Private) Limited (“buyer”) has entered into a share purchase agreement on 6th March 2013 with Arif Habib Corporation Limited (AHCL), Arif Habib Limited (AHL), Arif Habib Equity (Private) Limited (AHEPL) and Mr. Arif Habib the (“Seller”’) for purchase of 7,000,053 shares of Thatta Cement Company Limited (THCCL) at a price of Rs. 24,164 per share as per following details:
| Sr. | Sellers | Number of Shares | Consideration |
| No. | to be purchased | in PKR | |
| 1. | Arif Habib Corporation Limited | 1,040,629 | 25,145,751 |
| 2. | Arif Habib Limited | 208,788 | 5,045,158 |
| 3. | Arif Habib Equity (Private) Limited | 5,743,436 | 138,784,399 |
| 4. | Mr. Arif Habib | 7,200 | 173,971 |
The above transaction will be subject to all necessary regulatory approvals.
Material Information
In accordance with the Listing Regulation number (xx) of 35 under Code of Corporate Governance, this is to inform that Golden Globe Holding (Private) Limited (“buyer”) has entered into a share purchase agreement on 6th March 2013 with Arif Habib Corporation Limited (AHCL), Arif Habib Limited (AHL), Arif Habib Equity (Private) Limited (AHEPL) and Mr. Arif Habib the (“Seller”’) for purchase of 8,479,090 shares of Thatta Cement Company Limited (THCCL) at a price of Rs. 24.164 per share as per following details:
| Sr. | Sellers | Number of Shares | Consideration |
| No. | to be purchased | in PKR | |
| 1. | Arif Habib Corporation Limited | 1,260,503 | 30,458,806 |
| 2. | Arif Habib Limited | 252,903 | 6,111,147 |
| 3. | Arif Habib Equity (Private) Limited | 6,956,964 | 168,108,073 |
| 4. | Mr. Arif Habib | 8,720 | 210,705 |
The above transaction will be subject to all necessary regulatory approvals.
For more information, contact:
Fazal ur Rehman
Director and Chief Executive
Arif Habib Corporation Limited
(formerly Arif Habib Securities Limited)
Arif Habib Centre,
23 M. T. Khan Road, Karachi 74000
Phone: 32460717-9
Fax: 32429653,
Web: www.arifhabib.com.pk